Boeing sees Dreamliner sales yielding more cash in 2015
New York
BOEING, reporting a strong end to 2014, on Wednesday forecast better cash flow and said that it would deliver more commercial planes in 2015.
The company's fourth-quarter profit topped analysts' expectations, and its stock rose more than 6 per cent in early afternoon trading on signs that it would soon generate more cash from sales of its new 787 Dreamliner.
After the huge cost of developing the Dreamliner, the first jetliner made substantially with lightweight carbon composites to save fuel, Wall Street has mainly been looking for indications that Boeing expects to meet its goal of making a profit on the sale of each plane this y…
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